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DAX Little Changed Ahead Of Lagarde's Remarks
(RTTNews) - German stocks were little changed on Monday ahead of key eurozone inflation data due this week that could offer important clues on the timing of interest rate cuts.
ECB President Lagarde's speech and U.S. economic data, including housing sector indicators, may influence trading sentiment later in the day.
The benchmark DAX was marginally higher at 17,420 after closing 0.3 percent higher on Friday.
The euro inched up against a basket of major rivals ahead of Lagarde's remarks. Encavis AG dropped half a percent. The electric services company said that has expanded its Spanish solar park portfolio with the acquisition of two more solar parks in Andalucia.
The financial terms of the deal are not known.
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KOSPI May Run Out Of Steam On Tuesday
The South Korea stock market has tracked higher in three straight sessions, collecting almost 80 points or 2.6 percent along the way. The KOSPI now sits just shy of the 3,210-point plateau although it's due for consolidation on Tuesday.
The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.
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20分鐘前
RBA Minutes On Tap For Tuesday
The Reserve Bank of Australia will on Tuesday release the minutes from its August 12 monetary policy meeting, highlighting a modest day for Asia-Pacific economic activity.
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1小時20分鐘前
U.S. Dollar Climbs Against Majors
The U.S. dollar strengthened against its major counterparts in the New York session on Monday.
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2小時32分鐘前
Swiss Market Ends Moderately Lower
After a weak start and a subsequent long spell in negative territory, the Switzerland market briefly moved slightly above the flat line in late afternoon trades on Monday, but quickly tumbled again to eventually settle on a weak note.
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5小時18分鐘前
European Markets Close Weak After Cautious Session
European stocks closed on a weak note on Monday after a cautious session as investors awaited key inflation data from major economies in the region, and looked for more details about U.S. - EU trade deal.
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5小時38分鐘前
Canadian Market Down More Than 0.5% On Profit Taking
After opening slightly down, the Canadian market slipped deeper into the red on Monday, weighed down by losses in healthcare, consumer staples, utilities and materials sectors.
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6小時18分鐘前
U.S. New Home Sales Pull Back From Upwardly Revised Level In July
New home sales in the U.S. decreased from an upwardly revised level in the month of July, according to a report released by the Commerce Department on Monday. The Commerce Department said new home sales fell by 0.6 percent to an annual rate of 652,000 in July after surging by 4.1 percent to an upwardly revised rate of 656,000 in June.
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8小時2分鐘前
Bay Street May Open On Weak Note
Canadian shares may open on a weak note Monday morning, tracking lower metal prices and European stocks. However, energy stocks may find support on higher oil prices, and help limit market's downside.
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10小時44分鐘前
